US watchdog inquiring into Diageo’s ‘business operations in certain markets’ | Business Post

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US watchdog inquiring into Diageo’s ‘business operations in certain markets’, evadiminutive reports.

Diageo, the drinks giant behind Guinness, has said it is responding to a request for information from the US Securities and Exchange Commission, but is currently unable to assess whether the inquiry will evolve into any enforcement action.

Diageo, the drinks giant behind brands such as Guinness, Tanqueray gin and Smirnoff vodka, has said it is responding to a request for information from the US Securities and Exchange Commission . In an interim report released on Thursday, the company said it had “received an inquiry” from the SEC “requesting information relating to Diageo’s business operations in certain markets and to its policies, procedures and compliance environment.”

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